The Society for Establishing Useful Manufactures (S.U.M.) or Society for the Establishment of Useful Manufactures was a private state-sponsored corporation founded in 1791 to promote industrial development along the Passaic River in New Jersey in the United States. The company's management of the Great Falls of the Passaic River as a powersource for grist mills resulted in the growth of Paterson as one of the first industrial centers in the United States. Under the society's long-term management of the falls, the industrialization of the area passed through three great waves, centered first on cotton, then steel, and finally silk, over the course of over 150 years. The venture is considered by historians to have been a forerunner for many public-private ventures in later decades in the United States.
Famous quotes containing the words society, establishing and/or manufactures:
“He is as antisocial as a flea. Clearly, such people are undesirable, and a society in which they can flourish has something wrong with it.”
—George Orwell (1903–1950)
“The queers of the sixties, like those since, have connived with their repression under a veneer of respectability. Good mannered city queens in suits and pinstripes, so busy establishing themselves, were useless at changing anything.”
—Derek Jarman (b. 1942)
“Foster the labor of our country by an undeviating metallic currency ... always recollecting that if labor is depressed neither commerce nor manufactures can flourish, as they are both based upon the production of labor, produced from the earth, or the mineral world.”
—Andrew Jackson (1767–1845)